Jump to content

Recommended Posts

The Nasdaq has a big stonker 😘

1929263979_USTech100_20200707_12_53.thumb.png.5b6697f38a0bf7987c77343ae30b6d5d.png

Share this post


Link to post

Indices have turned and are taking a yuuuuuuuge dump right now ...

Share this post


Link to post
8 hours ago, dmedin said:

Looks like we're got months of more-or-less sideways price action to look forward to, boys and girls.  Lots of false breakouts and money to be lost :) 

Slow and painful torture

DJI-Daily.thumb.png.81a906297004689d772e1eb96365ef79.png

Share this post


Link to post
Posted (edited)

Will be interesting to see if the Nikkei collapses tonight. 

289199644_Japan225_20200707_20_57.thumb.png.7fb9d7d0dc8946f4d6e31ef4129f7157.png

Edited by dmedin

Share this post


Link to post

Eileen, Samantha, Peregrin Took and Tom Bombadil!  🐮

938210167_Japan225_20200708_01_23.thumb.png.cf65bfebe4a03da88ba2e9541e6b9d77.png

Share this post


Link to post

S&P facing a reversal bar from yesterday.

Dax and Dow looking thoughtfully at yesterday's low.

FTSE and S&P daily charts.

Dax and Dow H1 charts;

image.thumb.png.362b69137b304aede8d0c0fe8f163db1.png

image.thumb.png.efd819e02090eed508fca662643b2da5.png

Share this post


Link to post
4 hours ago, Caseynotes said:

S&P facing a reversal bar from yesterday.

Dooooooooooooown we go ...

Share this post


Link to post
23 hours ago, dmedin said:

Looks like we're got months of more-or-less sideways price action to look forward to, boys and girls.  Lots of false breakouts and money to be lost :) 

:)

 

Share this post


Link to post

Dax and Dow held on to yesterday's low so far.

H1 charts;

image.thumb.png.44b903db873d3aadcce6148bdef0908d.png

  • Great! 1

Share this post


Link to post

Yes, rising now Tom Bombadil 🐮

Share this post


Link to post

Indices going into reverse ... heavy load about to be dumped ...

Share this post


Link to post
On 07/07/2020 at 11:49, dmedin said:

Looks like we're got months of more-or-less sideways price action to look forward to, boys and girls.  Lots of false breakouts and money to be lost :) 

:)

Share this post


Link to post

Clinging on like a dingleberry! 🐮

Share this post


Link to post

A fierce battle is being waged here, Eileen ⚠️🤖

689336312_USRussell2000_20200708_17_42.thumb.png.8e4b0b1ea23fb07aad2bd3a5436e47f9.png

Share this post


Link to post

VIX still high for some reason? (same level as in December 2018)

Despite this sideway chop

 

Share this post


Link to post
On 07/07/2020 at 11:49, dmedin said:

Looks like we're got months of more-or-less sideways price action to look forward to, boys and girls.  Lots of false breakouts and money to be lost :) 

 

:)

1928077763_WallStreet_20200708_18_26.thumb.png.ae9c951ca7a6bce8bfc625b68964d1f0.png

Share this post


Link to post
39 minutes ago, Kodiak said:

VIX still high for some reason? (same level as in December 2018)

Despite this sideway chop

 

 

 

Ah yes, Zero Hedge - a source of constant negativity.

Share this post


Link to post

Will the Nikkei drop its breeches tonight?

225587712_Japan225_20200708_19_16.thumb.png.996dc32df6b83b645a97699be4c135d6.png

Share this post


Link to post

Which volatility index is the bare-torsoed male hunk referring to?  The one below that is going nowhere or something else?

587752166_VolatilityIndex_20200708_19_21.thumb.png.fe1fb820eab375d90c3957b9301dcaea.png

Share this post


Link to post
Posted (edited)

Surely the day is fast approaching when stock markets will close for good and humanity, under a single world government, will organize production along centrally planned lines :)

Quote

The danger now is that investors are stampeding into yet another cross-asset rally ripe for a violent reversal. This tendency for markets to sway suddenly between extremes highs and lows is increasingly a feature of modern trading.

 
 

Bank of America Corp. strategists have a term for this: Fragility. They reckon high-fragility events are kicking off five times more frequently since the global financial crisis compared to the decades from 1928 onwards.

https://www.bloomberg.com/news/articles/2020-07-08/wall-street-fears-market-fragility-in-23-trillion-stock-frenzy

Edited by dmedin

Share this post


Link to post

US indices surge afterhours and looking for further gains today.

image.thumb.png.76d6be115a786dc87782d6d6c4cb363f.png

image.thumb.png.cd513a485a26d8efd0496e9cea9934f1.png

Share this post


Link to post
1 hour ago, Caseynotes said:

US indices surge afterhours and looking for further gains today

Fell again immediately ...

Moving sideways

Share this post


Link to post
2 hours ago, Caseynotes said:

looking for further gains today

Ay, me too, Tom Bombadil, me too.  😼

Share this post


Link to post
23 minutes ago, dmedin said:

Ay, me too, Tom Bombadil, me too.  😼

Always start with a look at yesterday's candle, the colour, ohlc. Expect continuation of colour, if blue expect resistance (yesterday's high) to be challenged (the low if yesterday's candle red) continue with the continuation bias until the daily pivot is overcome.

  • Great! 1

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×